Global Banking & Markets Operations - Loan Management, Letters of Credit, Associate, Dallas/New York

YOUR IMPACT

The Letters of Credit servicing team is seeking a standby letter of credit professional who can effectively collaborate with multiple business desks, internal and external legal counsels, as well as applicants and beneficiaries to manage all stages of the transaction, and to mitigate risks associated with the letter of credit product offering. This position requires the ability to handle complex inquiries regarding standby letters of credit from our external clients and internal business partners. Additionally, the individual we are seeking will assist in strategic projects to enhance the product and platform.

HOW YOU WILL FULFILL YOUR POTENTIAL

Review Credit Agreements and other deal documents to assist with the structuring of our obligation as issuing bank Review Letter of Credit drafts before they are shared with clients. Review counter‑Standby Letter of Credit drafts before they are shared with correspondent banks. Review communications with correspondent banks. Manage communications with the different desks during the process of reviewing Letters of Credit. Review daily reports to ensure appropriate action has been taken if applicable. Review Letter of Credit Issuances processed by the Team. Review Reg W and Reg O Checks; OFAC checks are performed by Processor prior to LC Issuance. Suggest process improvements. Leverage your knowledge and expertise as a subject matter expert in all aspects of the business and help train other colleagues, as needed.

SKILLS & EXPERIENCE WE'RE LOOKING FOR

BASIC QUALIFICATIONS

Bachelor's degree with financial services experience of more than 3 years In-depth knowledge of ISP98/UCP 600 Ability to work in a fast‑paced environment with competing priorities Excellent communication and client service skills Strong organizational and analytical skills with a keen attention to detail Proficiency using the Microsoft Office Suite in particular Excel and PowerPoint

PREFERRED QUALIFICATIONS

Experience in loan servicing or operations Knowledge of URDG 758

SALARY RANGE

The expected base salary for this New York, New York, United States-based position is $80,000-$135,000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year‑end.

BENEFITS

Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience.

EEO STATEMENT

Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law. #J-18808-Ljbffr The Goldman Sachs Group